Century Aluminum (NASDAQ:CENX – Get Free Report) CEO Jesse E. Gary sold 60,000 shares of the stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $16.21, for a total value of $972,600.00. Following the completion of the sale, the chief executive officer now owns 62,447 shares of the company’s stock, valued at approximately $1,012,265.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Century Aluminum Price Performance
Shares of NASDAQ CENX opened at $16.75 on Friday. The business has a 50 day moving average price of $17.04 and a two-hundred day moving average price of $13.91. Century Aluminum has a fifty-two week low of $5.70 and a fifty-two week high of $19.88. The firm has a market cap of $1.55 billion, a PE ratio of 7.68 and a beta of 2.57. The company has a quick ratio of 0.63, a current ratio of 1.67 and a debt-to-equity ratio of 0.77.
Century Aluminum (NASDAQ:CENX – Get Free Report) last released its quarterly earnings results on Wednesday, May 1st. The industrial products company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.20). The company had revenue of $489.50 million for the quarter, compared to analyst estimates of $520.30 million. Century Aluminum had a return on equity of 4.27% and a net margin of 10.72%. Sell-side analysts expect that Century Aluminum will post 0.62 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Century Aluminum
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. BMO Capital Markets upped their price target on Century Aluminum from $15.00 to $16.00 and gave the stock a “market perform” rating in a report on Thursday, May 2nd. StockNews.com downgraded shares of Century Aluminum from a “hold” rating to a “sell” rating in a research note on Friday, May 3rd.
View Our Latest Stock Analysis on Century Aluminum
Century Aluminum Company Profile
Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.
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